Agree with you to a point Jackson! If they did keep us updated it would not affect the SP movements IMO. I would prefer a more tangible RNS detailing a positive JV outcome and the excitement that would come with the spike! My real worry is he how do I decide what to do with this outcome? What are your thoughts?
They have been in JV talks for the past 12 months and one JV partner in particular for over 4 months. They have mentioned milestones to be reached but have not told share holder what these milestones are. Keeping shareholders happy and informed shouldn't be too difficult or too much to ask for, but here it is the norm to keep everything from shareholders.
I hear the sentiments here in regards to lack of news but they have set out a number of milestones, hoops they need to achieve as part of any agreement. They have also stated that JV discussions are highly sensitive and I'm not expecting any news on this until an outcome is reached! KIBO maintain great news flow but it has done little to stem there free falling SP. Sit tight, stop speculating and enjoy the SP flying on a positive JV announcement. Top up or sell. This will be locked below .075 until that day comes, hopefully in time for Christmas!
24 RNS's this year, but when you take out the rubbish, such as price monitoring and rip off Placings, there are only 5 that are of any use to shareholders and even then some just repeat themselves. So 5 or less RNS's in over 10 months sums this bod up pretty much.
The BOD need to pull their fingers out and convince us all that this company has a future. At the moment it's hanging by a thread and we have absolutely nothing but silence. They could of course be about to do the old VWAP plus 50% is a great price and sell us off for £5m with a continuing place on the BOD plus options bonus bigger salary etc. which is par for AIM.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.